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	<title>Comments on: Goldman Sachs: Ethics for Sale</title>
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		<title>By: J.W. Cox</title>
		<link>http://firstthings.com/blogs/evangel/2010/06/goldman-sachs-ethics-for-sale/#comment-11352</link>
		<dc:creator>J.W. Cox</dc:creator>
		<pubDate>Fri, 18 Jun 2010 20:14:26 +0000</pubDate>
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		<description>That&#039;s my point: I&#039;m not convinced that the possibility of waiving certain provisions, under certain conditions, in a corporate code of ethics constitutes &quot;situational ethics&quot; anymore than Jesus&#039; statement did.

From Wikipedia &quot;In common law jurisdictions, slander refers to a malicious, false and defamatory spoken statement or report.&quot; Unruh&#039;s spoken statement qualifies as all three. 

When you say that &quot;those decisions&quot; are driven &quot;just by the right price,&quot; what do you mean by &quot;right price?&quot; The price of the company&#039;s stock, the amount of profit or the profit margin, or the price of a bribe? 

Your citation from Matthew seems to imply that you think that &quot;companies&quot; in general - or the people who work for them - actually don&#039;t have any ethics, regardless of whether they have a written &quot;code&quot;? And simply look at the profit projects as the normative criteria for making an ethical decision?

If that&#039;s the case, then they clearly don&#039;t have &quot;situational ethics.&quot; They only have an ethic that is determined by...whatever you mean by &quot;right price.&quot;</description>
		<content:encoded><![CDATA[<p>That&#8217;s my point: I&#8217;m not convinced that the possibility of waiving certain provisions, under certain conditions, in a corporate code of ethics constitutes &#8220;situational ethics&#8221; anymore than Jesus&#8217; statement did.</p>
<p>From Wikipedia &#8220;In common law jurisdictions, slander refers to a malicious, false and defamatory spoken statement or report.&#8221; Unruh&#8217;s spoken statement qualifies as all three. </p>
<p>When you say that &#8220;those decisions&#8221; are driven &#8220;just by the right price,&#8221; what do you mean by &#8220;right price?&#8221; The price of the company&#8217;s stock, the amount of profit or the profit margin, or the price of a bribe? </p>
<p>Your citation from Matthew seems to imply that you think that &#8220;companies&#8221; in general &#8211; or the people who work for them &#8211; actually don&#8217;t have any ethics, regardless of whether they have a written &#8220;code&#8221;? And simply look at the profit projects as the normative criteria for making an ethical decision?</p>
<p>If that&#8217;s the case, then they clearly don&#8217;t have &#8220;situational ethics.&#8221; They only have an ethic that is determined by&#8230;whatever you mean by &#8220;right price.&#8221;</p>
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		<title>By: Adam Omelianchuk</title>
		<link>http://firstthings.com/blogs/evangel/2010/06/goldman-sachs-ethics-for-sale/#comment-11351</link>
		<dc:creator>Adam Omelianchuk</dc:creator>
		<pubDate>Fri, 18 Jun 2010 19:55:29 +0000</pubDate>
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		<description>JW: Your biblical citation does nothing for your defense, and actually undermines it. Jesus does not teach situational ethics, but condemns the pharisees for &quot;making void the word of God by your tradition.&quot; And I am not sure what it is you think is slanderous. Of course those decisions are not *necessarily* driven by free market principles--just the right price. Wouldn&#039;t that be the &quot;provision&quot;? (see Matthew 6:22-23 if that&#039;s the case).</description>
		<content:encoded><![CDATA[<p>JW: Your biblical citation does nothing for your defense, and actually undermines it. Jesus does not teach situational ethics, but condemns the pharisees for &#8220;making void the word of God by your tradition.&#8221; And I am not sure what it is you think is slanderous. Of course those decisions are not *necessarily* driven by free market principles&#8211;just the right price. Wouldn&#8217;t that be the &#8220;provision&#8221;? (see Matthew 6:22-23 if that&#8217;s the case).</p>
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		<title>By: J.W. Cox</title>
		<link>http://firstthings.com/blogs/evangel/2010/06/goldman-sachs-ethics-for-sale/#comment-11349</link>
		<dc:creator>J.W. Cox</dc:creator>
		<pubDate>Fri, 18 Jun 2010 17:41:23 +0000</pubDate>
		<guid isPermaLink="false">http://firstthings.com/blogs/evangel/?p=7038#comment-11349</guid>
		<description>Wouldn&#039;t it depend on what the &quot;certain provisions&quot; are and why they&#039;re being waived?

In Mark 7: 11-12, Jesus says this: &quot;But you say that if a man says to his father or mother: &#039;Whatever help you might otherwise have received from me is Corban&#039; (that is, a gift devoted to God),then you no longer let him do anything for his father or mother.&quot;

The &quot;provision&quot; is that the man is making a gift devoted to God. Jesus doesn&#039;t seem to think that the refusal to waive it was an expression of the highest ethics. 

And Unruh&#039;s comment -- “companies don’t like to miss out on profits, so the safety valve is allowing them to sacrifice their ethics if the price is right.” -- just strikes me as a wholesale slander, which neither he nor you even pretend to quantify. 

Do people at all levels of a company make un-ethical decisions? Yes. Are those decisions *necessarily* driven by free market principles? No.</description>
		<content:encoded><![CDATA[<p>Wouldn&#8217;t it depend on what the &#8220;certain provisions&#8221; are and why they&#8217;re being waived?</p>
<p>In Mark 7: 11-12, Jesus says this: &#8220;But you say that if a man says to his father or mother: &#8216;Whatever help you might otherwise have received from me is Corban&#8217; (that is, a gift devoted to God),then you no longer let him do anything for his father or mother.&#8221;</p>
<p>The &#8220;provision&#8221; is that the man is making a gift devoted to God. Jesus doesn&#8217;t seem to think that the refusal to waive it was an expression of the highest ethics. </p>
<p>And Unruh&#8217;s comment &#8212; “companies don’t like to miss out on profits, so the safety valve is allowing them to sacrifice their ethics if the price is right.” &#8212; just strikes me as a wholesale slander, which neither he nor you even pretend to quantify. </p>
<p>Do people at all levels of a company make un-ethical decisions? Yes. Are those decisions *necessarily* driven by free market principles? No.</p>
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